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The PA66 giant has issued a series of price increase letters!

 Last Update: 2022-08-25
 Source: Internet
 Author: User

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Some time ago, due to the tight supply and demand, there was a lot of noise about the price increase of MDI, and now MDI has just passed the limelight, and other raw materials have been probed.

Today, the general surge in chemical products continues, and upstream plastic-related products such as propylene glycol, bisphenol A, and styrene have reported skyrocketing news

It is understood that the price increase of raw materials in recent months has even spread to A-shares, and some of the top A-share chemical industry indexes have hit a new high in the past five years! Successfully become the leader of the A-share industry price increase sector in October and November! However, the current price increase has not broken.
Recently, the market has once again gone crazy for the collective price increase of leading manufacturers!

Pull up strongly! The highest weekly increase of 15.
52%!

Last week, the chemical spot market continued its frantic rise, with 4 categories of bulk commodities increasing by more than 10% for the week, namely propylene glycol (15.
52%), bisphenol A (14.
46%), styrene (13.
15%), phenol (12.
21%) )

Recently, the chemical industry has used active inventory reduction and further improvement in demand to repair the originally sluggish chemical market

Changchun Chemical increases PBT 1000 yuan / ton

Just today, Changchun Chemical (Jiangsu) issued another BDO price increase letter: it is expected to increase all LONGLITE® PBT from December 1st: RMB 1,000 per ton (after tax)

Soaring 13,000 yuan! BASF and other giants are bombarded with price increase letters!

To talk about which category has risen the most? Still look at PA66: In 2020, PA66 will be full of fire again! From 17,000 yuan/ton in June this year, the price has risen to the current 30,000 yuan/ton.
In just half a year, PA66 has soared by nearly 13,000 yuan/ton! At present, the adiponitrile factories in France and the United States have unexpectedly reduced production, and the supply of hexamethylenediamine is tight, resulting in a continuous decline in the current capacity and supply of nylon, and the supply in the field may be tighter than expected

Since November, several major manufacturers have raised their prices one after another, and the PA66 market is booming!

On November 13, BASF issued a price increase letter, saying that due to the sharp rise in raw material prices, it will adjust the prices of Ultramid PA66 and Ultradur PBT products in the Asia-Pacific region

PA66 enhanced grade products rose by US$200 per ton, equivalent to RMB 1364 per ton;

PA66 non-enhanced grade products rose by US$300 per ton, equivalent to RMB 2,046 per ton

PBT enhanced grade products rose by US$150 per ton, equivalent to RMB 896 per ton;

PA66 non-enhanced grade products rose by US$200 per ton, equivalent to RMB 1,315 per ton

This price adjustment will take effect on December 1, 2020
.

DuPont once again issued a price increase letter: starting from November 15, on the basis of the price increase of non-reinforced nylon in the Asia-Pacific region announced on October 12, it will increase by about 930 yuan/ton, and the price of reinforced nylon will increase by about 645 yuan/ton
.

Radici also released the latest price increase letter on PA66
.

The price of enhanced PA66 increased by RMB 2,000/ton; the price of non-enhanced PA66 increased by RMB 3,000/ton
.
This price adjustment will take effect from December 1, 2020
.

Since the second half of the year, the downstream market demand delayed by the epidemic has gradually recovered, and there have been shortages and price increases in consumer electronics, automobiles, home appliances and other fields
.
Under the dual pressure of rising raw material prices and increasing downstream demand, the price of downstream products is understandable
.

Sudden accidents have caused raw material prices to rise out of control.
Short-term price trends are still strong, but there may be insufficient motivation in the medium and long term, so you should be careful!

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